Dan Kaercher

Dan Kaercher

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Closed

$935,000

($79,952 down)
FHA

7518 Amigo Avenue, Reseda, CA 91335

5
3
2,027 sqft
PITI Monthly
$5,980.32 /mo

Listing courtesy of: Richard Albert, LAMERICA Real Estate

Assumed Rate

3.75%
7.15%

Principal & Interest

$4,142 /mo
$6,041 /mo

What's Special

VAULTED CEILINGS
SOLAR PANELS

FHA Assumable Loan at 4.65% with less than 15% down! Welcome to that great home, multigenerational living, house hack or investment property. Ample outdoor spaces for quality of life. Plenty of off-street parking in a great neighborhood pocket where you can easily get to shops and restaurants. The home has paid off solar panels! The vacant main home with an open floor and 3 bedrooms and 2 bathrooms is 1,344 square feet. The permitted recently updated 2 BEDROOM Accessory Dwelling Unit with vaulted ceilings is 683 sq. ft., currently rented out and will be sold with tenants in place paying market rents. The ADU has its own washer/dryer hook ups and its own yard space, making it private and checks all the boxes someone would want in a second unit. Sellers will pay a concession towards Buyer's Broker and/or closing costs. FHA and Freddie Mac guidelines allow the ADU income to help qualify and have the construction financed through the FHA 203(k) program (buyer to​​‌​​​​‌​​‌‌​​‌​​​‌‌​​‌‌​‌​​​‌​‌​‌​​​​​‌ verify).

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.75
Remaining Loan Term
27 years, 2 months
Monthly PITI
$5,980.32/mo
Estimated Loan Balance
$866,645
Cash to close
$79,952
Interest Paid
$92,588

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Reseda

Financial Details

  • Price per Sqft: $461.27
  • Tax Annual Amount: $11687.5
  • On Market Date: 2024-09-12T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $79,952 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $79,952!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$855,048
Your Cash$79,952
Total Purchase Price:$935,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$4,142/mo
Traditional @ 7.5%
$6,266/mo
You save $2,124/month ($25,487/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SR24179606

Listing From:

Last updated: 2025-02-07T22:30:32.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.75%
7.15%

Principal & Interest

$4,142 /mo
$6,041 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $79,952 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $79,952!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$855,048
Your Cash$79,952
Total Purchase Price:$935,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$4,142/mo
Traditional @ 7.5%
$6,266/mo
You save $2,124/month ($25,487/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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